Season three continues with our very own Jona Basha, Senior manager at Accountancy Europe, and a look into sustainability reporting standards. She answers crucial questions about the sustainability reporting standards and how they make a difference.
Unlike financial reporting, which is based on a globally trusted set of standards, sustainability reporting is still fragmented. Many competing options of what to report on emerged over the years. These varying ‘standards’ allowed companies to cherry pick the standard that would show them in the best light. But where does this leave the global debate? Is the EU striking out on its own?
Jona takes us on a deep dive into the political debate around how and who should develop these standards. We also look at where the process stands and how it could best achieve its goals.
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Photo Credit: Accountancy Europe, 2021